Taskus Inc Stock Technical Analysis

TASK Stock  USD 14.82  0.08  0.54%   
As of the 25th of November, Taskus has the Coefficient Of Variation of 1900.39, semi deviation of 4.16, and Risk Adjusted Performance of 0.0486. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Taskus Inc, as well as the relationship between them.

Taskus Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Taskus, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Taskus
  
Taskus' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Taskus Analyst Consensus

Target PriceAdvice# of Analysts
14.33Buy9Odds
Taskus Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Taskus analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Taskus stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Taskus Inc, talking to its executives and customers, or listening to Taskus conference calls.
Taskus Analyst Advice Details
Taskus technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Taskus technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Taskus trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Taskus Inc Technical Analysis

Indicator
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The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Taskus Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Taskus Inc Trend Analysis

Use this graph to draw trend lines for Taskus Inc. You can use it to identify possible trend reversals for Taskus as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Taskus price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Taskus Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Taskus Inc applied against its price change over selected period. The best fit line has a slop of   0.04  , which means Taskus Inc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 56.53, which is the sum of squared deviations for the predicted Taskus price change compared to its average price change.

About Taskus Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Taskus Inc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Taskus Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Taskus Inc price pattern first instead of the macroeconomic environment surrounding Taskus Inc. By analyzing Taskus's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Taskus's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Taskus specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.01090.0104
Price To Sales Ratio1.331.26

Taskus November 25, 2024 Technical Indicators

Most technical analysis of Taskus help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Taskus from various momentum indicators to cycle indicators. When you analyze Taskus charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Taskus Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Taskus Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Taskus Inc Stock. Highlighted below are key reports to facilitate an investment decision about Taskus Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taskus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Data Processing & Outsourced Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Taskus. If investors know Taskus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Taskus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.4
Earnings Share
0.58
Revenue Per Share
10.752
Quarterly Revenue Growth
0.132
Return On Assets
0.0762
The market value of Taskus Inc is measured differently than its book value, which is the value of Taskus that is recorded on the company's balance sheet. Investors also form their own opinion of Taskus' value that differs from its market value or its book value, called intrinsic value, which is Taskus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Taskus' market value can be influenced by many factors that don't directly affect Taskus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Taskus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taskus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taskus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.